Dollar near one-month high as yen edges toward 160 

CFPB reform in focus for House Financial Services Committee – Scotsman Guide Skip to content error: Content is protected !! This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We may also share information about your use of our site with our social media, advertising…

Lenders retained servicing rights on 57% of August volume — up from 53% the prior two months — as tighter execution spreads and rising MSR values reshaped the sell/retain calculus, even as August lock volume fell across the board on a 47% annual drop in rate-and-term refis, Optimal Blue said. Processing Content While conforming rates…

Finova will launch AI-powered software to let brokers submit applications with one click, with no rekeying. The tech firm said its soon-to-be-launched AI agent means brokers will not have to re-key customer information multiple times across individual lender portals as part of the mortgage application process. Instead, AI lets brokers use information captured during the…

Store aisles are getting a digital makeover.

Propertymark has called for wider reform of England’s housing market to help more buyers onto the property ladder. High prices, large deposits and a weak development pipeline continue to limit access for first-time buyers, according to Propertymark. They also make it harder for existing homeowners to move. Propertymark said new planning rules could help, but…

“I have received numerous calls where current clients want to lock ahead of the Fed decision as they are extremely concerned,” he said. “I have also had numerous conversations over the past week explaining that the Federal Reserve does not directly control mortgage rates, even though Fed policy can influence the broader bond market and…